The deployment of technologies such as AI, big data and blockchain is leading toward enhanced grid management.
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Maroc - CROWN.CO.ZA - Electricity Control - 01/Oct 14:22
Demand for smart grids is driving transmission investment
Published in: Electricity + ControlGrowth in transmission infrastructure investment is accelerating to meet the rising demand for smart grids, with the global power transmission market expected to expand strongly through the 2030s. According to UK-based data and analytics company, Global Data, this growth is being driven by government initiatives, renewable energy integration, the need for greater grid resilience and efficiency, and adoption of technologies like smart meters, artificial intelligence (AI), and the Internet of Things (IoT). Investment in transmission is projected to increase from $372.6 billion in 2025 to $573.7 billion by 2030.
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